Spruce Power Holding (SPRU) Operating Expenses (2019 - 2025)

Spruce Power Holding (SPRU) has reported Operating Expenses for 7 consecutive years, with $21.8 million the latest figure, recorded in Q4 2025.

• Quarterly Operating Expenses fell 18.33% year-over-year to $21.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $93.9 million (down 29.38% YoY) and the FY2025 annual result came in at $93.9 million, down 29.15% from the prior year.
• Operating Expenses declined to $21.8 million in Q4 2025 per SPRU's latest filing, from $22.2 million in the prior quarter.
• Over the last five years, Operating Expenses for SPRU reached as high as $58.5 million in Q3 2024 and fell as low as -$10.5 million in Q4 2021.
• A 5-year average of $22.8 million and a median of $23.0 million in 2023 frame the typical range for Operating Expenses.
• The largest YoY upside for Operating Expenses was 7038.29% in 2021 against a maximum downside of 366.27% in 2021.
• Year by year, Operating Expenses stood at -$10.5 million in 2021, then soared by 440.12% to $35.7 million in 2022, then tumbled by 32.2% to $24.2 million in 2023, then rose by 10.14% to $26.7 million in 2024, then declined by 18.33% to $21.8 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $21.8 million, $22.2 million, and $24.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.